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|The Pulse 08-31-2017|
Volume 6, Issue 36.5
Minnesota Department of Commerce Seeking Credit Union partners for Missing Money Mondays
People lose track of their money or financial property because of a change of address, death, or just forgetfulness. As part of the Commerce’s mission to protect consumers, they are committed to reuniting Minnesotans with money that has gone missing. Every year, the Unclaimed Property Program receives millions of dollars, and Commerce is responsible for safeguarding the funds or property until claimed by the rightful owners or heirs. Over the last five years, the Unclaimed Property Program has returned $182 Million.
The Minnesota Department of Commerce would like to partner with credit unions in the state to educate consumers about the Unclaimed Property Program. During the five Mondays in October, the Department of Commerce will send a representative to credit union branches to help members search for missing property and start the process to claim missing assets.
Property is considered unclaimed if it is being held by a business or organization that has not had contact with the owner for a number of years.
Common types of unclaimed property can include:
For more information, and to schedule a Missing Money Monday at your credit union, contact MnCUN Director of Communications Andrea Molnau by email or by phone at 651-288-5527.
Follow the links on the stories below to read more about the outstanding programs, new initiatives and well-deserved recognition received by your peers recently. Got news of your own? Send stories, pitches, press releases and published articles to MnCUN Communications Specialist Laura Whittet.
Credit union women working in mid to high-tiered positions are invited to participate in an intimate two-day workshop in Chicago, Illinois November 13 through 15.
The Summit will elevate attendees’ readiness to advance professionally and increase the number of women in the ready-now or ready-soon pool of candidates for C-suite positions.
Prior to the Summit, participants will receive a 360 self-assessment tool and be asked to evaluate their strengths, weaknesses, and development areas. Workshop activities will address the assessment by offering hands-on assistance through professional training, knowledge sharing, mentoring, and skill-building exercises.
Additional details can be found on the Global Women's website. The deadline to register is Friday, September 8.
The National Credit Union Foundation has activated the online disaster relief system CUAid.coop to raise money for credit union people in Texas affected by Tropical Storm Harvey. Credit union supporters in every state can make donations at cuaid.coop.
"With the devastating flooding caused by Harvey, our credit union brothers and sisters need our help," said Foundation Executive Director Gigi Hyland. "Everyone who supports CUAid is helping affected credit union people directly with critical needs, longer-term recovery needs, operational needs, and assisting credit union members."
As donations are posted through CUAid.coop, the National Credit Union Foundation will coordinate with the Cornerstone Credit Union Foundation in the disaster area to distribute money efficiently to affected credit union employees and members. 100% of the donations through CUAid goes to credit union disaster relief. In the event that all donations are not used for Tropical Storm Harvey relief, the National Credit Union Foundation will transfer any and all unused funds to its "General Disaster Relief fund" for future disaster relief efforts.